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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Loren who wrote (7825)	1/16/1998 12:56:00 PM
From: Richard Estes	Read Replies (1) \| Respond to of 12039

"These days, if I happen on a stock that gave a buy signal several days or weeks ago, it doesn't matter if the indicators are shooting skyward. I pass on the trade, and look for a fresh signal!:-)" AGREE on that, I see too many trying to find an indicator to jusify the buy. Rather than finding a system that they trust and stick with it.

To: Loren who wrote (7825)	1/16/1998 2:39:00 PM
From: David R. Evans	Read Replies (1) \| Respond to of 12039

Hello Loren, If you read the entire post you should see that my intent was to emphasize that using MACD (13-34-89) or Dahl to determine trend can be dangerous. I was NOT talking about their buy signals.... Dahl is LONG it's entire trip above 0 yet price may be moving in the right direction only half that time. If you are using Dahl for Trend, you just might get the wrong half. Well, you're right, but I hope you were preaching to the choir. Not sure what you mean by this. I hope it was friendly. Dave Evans